one key to rule them all New blog post: New Singapore National Authentication Framework: OneKey

Sick and tired of carrying multiple second factor authentication (2FA) tokens from your bank? Don’t worry, help is here. Assurity Trusted Solutions, an Infocomm Development Authority of Singapore (IDA) subsidiary, has just launched the national authentication framework (NAF). Under this framework, a OneKey physical authentication token will be used to increase security of online transactions on Government and businesses website. This is going to be the OneKey to rule them all. Assurity Trusted Solutions will also be conducting a year-long public education program in 2012 to guide consumers on how to use the token. OneKey is supposed to replace all the 2FA tokens into 1 device. Eeeerr…. that’s the plan lah. But here’s the problem. So far, only Phillip Securities and Kim Eng Securities are onboard. None of the banks are taking part in this. In fact, DBS will be releasing the...